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Neiman Marcus Closing at Willow Bend Mall Amid Mixed-Use Redevelopment

WFAAOctober 5, 20251 min856 views
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Neiman Marcus Closure at Willow Bend Mall

  • 🎯 Neiman Marcus in Plano, located at Willowbend Mall, is set to close, marking the end of its 25-year run in the DFW area.
  • 📉 This closure follows similar departures by Macy's and Lord & Taylor, leaving Dillard's as the sole remaining anchor store.

Reasons for Store Closures

  • ⚠️ An economics professor suggests that over-retailing in the area, with competing malls like Stonebrier and Galleria, has contributed to the decline.
  • 🏗️ Willowbend Mall has faced challenges in attracting and retaining tenants for years.

Mall Redevelopment Plans

  • 🏢 The mall's owner, Centennial, has filed plans for a mixed-use development on the property.
  • 🏘️ This redevelopment involves demolishing dozens of stores to create a
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Neiman MarcusWillow Bend MallPlanoMixed-use developmentMall redevelopmentRetail closuresCentennialEconomicsOver-retailing
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